GSP Crop Science IPO Subscription Status Day 1
Fri Mar 13 2026
Here, the GSP Crop Science IPO launched on 16th March 2026. Bidding for the issue will close today, 18th March 2026. The primary aim of the GSP Crop Science IPO is to raise ₹400.00 crores from the market. Also, the GSP Crop Science IPO has received an impressive level of subscription, indicating that the shares will be listed at an impeccable premium. Scroll down to check the GSP Crop Science IPO subscription and details.
GSP Crop Science IPO Details
| IPO Open Date | 16th March 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹304.00 to ₹320.00 |
| Lot Size | 46 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE & NSE |
| IPO Close Date | 18th March 2026 |
| Listing Date | 24th March 2026 |
The price band for GSP Crop Science IPO has been set at ₹304 to ₹320 per share. Let’s segregate the share quota fixed for different categories of investors.
| Investor Categories | Shares Offered |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
GSP Crop Science IPO Subscription Status
As of now, the GSP Crop Science IPO has been subscribed to 0.00 times. Of these, 0.00 times are subscribed by retail investors, 0.00 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).
The healthy subscription status indicates that investors are expecting higher returns at the time of Apsis Aerocom’s IPO listing on 24th March 2026. GSP Crop Science also has a positive outlook behind the fresh issue of 0.75 crore shares, which will raise around Rs 400.00 crores.
GSP Crop Science IPO GMP Today
We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the GSP Crop Science IPO GMP for 16th March 2026.
The grey market premium for this IPO rises to ₹9.00 per share. It indicates that the estimated listing price per share is Rs 119. Numerous factors played a pivotal role in this jump in the GMP of GSP Crop Science IPO. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 16-3-2026 | ₹320.00 | ₹0.00 | ₹320.00 | 0.00% |
| 15-3-2026 | ₹320.00 | ₹0.00 | ₹320.00 | 0.00% |
| 14-3-2026 | ₹320.00 | ₹0.00 | ₹320.00 | 0.00% |
| 13-3-2026 | ₹320.00 | ₹0.00 | ₹320.00 | 0.00% |
| 12-3-2026 | ₹320.00 | ₹0.00 | ₹320.00 | 0.00% |
| 11-3-2026 | ₹0.00 | ₹0.00 | ₹0.00 | 0.00% |
| 10-3-2026 | ₹0.00 | ₹0.00 | ₹0.00 | 0.00% |
| 9-3-2026 | ₹0.00 | ₹0.00 | ₹0.00 | 0.00% |
| 8-3-2026 | ₹0.00 | ₹0.00 | ₹0.00 | 0.00% |
About GSP Crop Science Ltd.
GSP Crop Science was established in 1985 GSP Crop Science Limited is an agrochemical company that undertakes the business of manufacturing and supplying insecticides, herbicides, fungicides, and plant growth regulators. The company provides crop protection solutions that enable farmers to enhance their crop productivity. The company provides formulations and technicals that assist farmers in controlling pests, weeds, and diseases on their farmlands. The company provides its customers with its wide range of in-house developed agrochemicals that offer crop protection solutions through the development and supply of Formulations and Technicals to meet the needs of its customers. The company has served its customers who are located across 20 states in India for the six months ending September 30, 2025, and the Fiscals ending 2025, 2024, and 2023.
GSP Crop Science Limited Financials
The company’s financial analysis is essential before applying for the GSP Crop Science IPO. See the table for GSP Crop Science Limited’s financials.
| Year Ended | 30th Sep 2025 (in cr.) | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31 Mar 2023 (in cr.) |
| Assets | 1,491.69 | 1,228.50 | 980.34 | 1,132.13 |
| Total Income | 847.61 | 1,301.06 | 1,158.23 | 1,206.05 |
| Profit After Tax | 81.07 | 81.42 | 55.54 | 17.57 |
| EBITDA | 138.86 | 164.03 | 130.41 | 81.28 |
| Net Worth | 529.85 | 450.03 | 370.46 | 363.47 |
| Reserves and Surplus | 490.84 | 411.02 | 344.46 | 336.00 |
| Total Borrowings | 321.13 | 295.60 | 235.44 | 324.26 |
Explanation
GSP Crop Science Limited’s revenue increased by 12.33% from ₹1,158.23 crore in March 2024 to ₹1,301.06 crore in March 2025. Moreover, the company’s PAT increased by 46.59% from ₹55.54 crore in March 2024 to ₹81.42 crore in March 2025.
Technical Indicators
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the GSP Crop Science IPO.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 15.34 |
| EPS (Earnings Per Share) | 20.87 |
| RoNW | – |
| ROCE | 15.45% |
| ROE | 15.62% |
| EBITDA Margin | 16.45% |
| Price to Book Value | – |
| Market Capitalisation | ₹1,488.60 Cr. |
GSP Crop Science IPO Listing Expectations
GSP Crop Science IPO Highlights: IPO allotment is still pending, as the bid will close today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A flat of 0.00% in GSP Crop Science Highlight GMP suggests the estimated listing price per share will be around Rs. 320.00.
It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation.
GSP Crop Science IPO Dates
| IPO Open Date | 16th March 2026 |
| IPO Close Date | 18th March 2026 |
| Allotment | 20th March 2026 |
| Refund Date | 23rd March 2026 |
| IPO Listing Date | 24th March 2026 |
Note: IPO GMP is volatile and depends on market sentiment. Hence, one should conduct their research before investing in it.
Recent Articles
Apsis Aerocom IPO Subscription Status Day 3
Apsis Aerocom IPO GMP: Day 3 IPO Live Updates
Raajmarg Infra Investment Trust IPO Subscription Status Day 3
Raajmarg Infra Investment Trust IPO GMP: Day 3 IPO Live Updates
